Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Martel Wealth Advisors Inc’s 10th Largest Position

Martel Wealth Advisors Inc trimmed its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 224,625 shares of the company’s stock after selling 6,232 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 2.1% of Martel Wealth Advisors Inc’s investment portfolio, making the stock its 10th largest position. Martel Wealth Advisors Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $10,742,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VEA. Kozak & Associates Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after acquiring an additional 410 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $29,000. Lummis Asset Management LP purchased a new position in Vanguard FTSE Developed Markets ETF in the third quarter valued at about $34,000. Abich Financial Wealth Management LLC grew its stake in Vanguard FTSE Developed Markets ETF by 2,458.6% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after purchasing an additional 713 shares in the last quarter. Finally, Fairscale Capital LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $38,000.

Vanguard FTSE Developed Markets ETF Stock Up 0.5 %

Shares of VEA opened at $48.57 on Tuesday. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.33 and a 52-week high of $53.40. The firm has a market cap of $127.25 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The business’s 50 day moving average is $49.02 and its two-hundred day moving average is $50.31.

Vanguard FTSE Developed Markets ETF Company Profile

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.